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the poverty line now in response to the measures that are being taken to try and halt the european union and the euro zone in particular as economic downturn we've seen violent demonstrations in countries like greece where we're seeing clashes with police and also strikes across the country also in spain and as well elsewhere across the union now these on what we have seen though these aren't just students or activists that are being demonstrating against the cuts that it's being implemented upon them but people from all across society as not just the people of started to show that they sucked is fine with the way things are going the politicians have already started the finger pointing of just who's to blame silvio berlusconi in italy saying little he's going to run against to be the leader of the country and he's pointed a finger squarely towards germany where i am right now saying that it's up to berlin to recognize the european central bank as a real central bank in his words otherwise swell countries like italy are going to have to pull out of the euro zone in fact well there are th
the poverty line now in response to the measures that are being taken to try and halt the european union and the euro zone in particular as economic downturn we've seen violent demonstrations in countries like greece where we're seeing clashes with police and also strikes across the country also in spain and as well elsewhere across the union now these on what we have seen though these aren't just students or activists that are being demonstrating against the cuts that it's being implemented...
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. >> 700,000 citizens in the european union die prematurely because of tobacco. >> the proposal also includes an outright ban on menthol cigarettes. in the future, no artificial roma's will be allowed to mask the flavor. >> my aim here is that people can take an informed decision when they look at a pack of cigarettes, by getting the clear message that the product they buy harms. >> the proposal goes to the european council and european parliament, time the tobacco industry will no doubt use to try to snub it out. >> turning out to soccer, and no christmas cheer for shelf debt. they are out of the german cup. >> he had hoped to turn around the fortunes with his debut as head coach, but even a radical redesign on the starting lineup could not stave off the type play. the royal blues were behind on the half-hour marked. schalke rallied after the break. 15 minutes, and then leveled the score. the coach was sent to the stands after forcefully protesting a foul by schalke's jones. the turnaround was short-lived. they gave it one last go, but in the end, it went home with a spot in the qua
. >> 700,000 citizens in the european union die prematurely because of tobacco. >> the proposal also includes an outright ban on menthol cigarettes. in the future, no artificial roma's will be allowed to mask the flavor. >> my aim here is that people can take an informed decision when they look at a pack of cigarettes, by getting the clear message that the product they buy harms. >> the proposal goes to the european council and european parliament, time the tobacco...
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position of deciding what real resources transfers to should take place between countries in a currency union so again all these crimes. have taken place and i think it's in order to cover the fact that they're at the end game as we've said they don't know where else to go but get in the last few dregs of crime and capital available well there's no. we're going to say hyperinflation peter schiff is absolutely correct his timing it was a little off but his theory and his reality of hyper inflation is the only exit and in this country nominal g.d.p. targeting is the beginning of hyperinflation and we're going to see it right here in the u.k. now glenn stevens also mentioned at the very top of his speech this notion of an asian bank of international settlements including. an american target for golden shopped. and here is the times saying that china in numbers one thousand that is the amount of gold and tons that china expects to be consuming every year by twenty fifteen they also know that china shows every sign of being a gold hoarder chattering among gold traders puts chinese total reserves a
position of deciding what real resources transfers to should take place between countries in a currency union so again all these crimes. have taken place and i think it's in order to cover the fact that they're at the end game as we've said they don't know where else to go but get in the last few dregs of crime and capital available well there's no. we're going to say hyperinflation peter schiff is absolutely correct his timing it was a little off but his theory and his reality of hyper...
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Dec 19, 2012
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union would have to run a surplus, given its poor demographics over the next couple of years. now let's get a quick preview of the news. for that we head to patricia, awaiting the results. what do we expect to see? >> reporter: we're expecting the second consecutive month to the upside for the business sentiment next year in germany. november was a surprise after six months to the downside. we expect december to book in a little increase again, but important is here, not only the expectation part of the index but also that we get a little more oomph as to say from the current conditions. and that is going to be the big part of the numbers. we are just starting to see it. business climate index in december is out, and it rises. here we have business climate index 102.4 in december versus an expectation of 102. slightly better unanimous expected. here the current conditions, 107.7. the consensus was 1.8. that is slightly lower than expectations when it comes with the current conditions. here the expectation side of the index is 97.9. reuters was pointing to 96.2, so better than
union would have to run a surplus, given its poor demographics over the next couple of years. now let's get a quick preview of the news. for that we head to patricia, awaiting the results. what do we expect to see? >> reporter: we're expecting the second consecutive month to the upside for the business sentiment next year in germany. november was a surprise after six months to the downside. we expect december to book in a little increase again, but important is here, not only the...
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Dec 19, 2012
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economy. >> what about you, glenn. >> i don't disagree but in the tech business, we don't deal with unions. >> you pay market price. >> what i would say, i'm a huge bull huge bull on america. if we get this fiscal cliff behind us, we still have a host of issues to deal with. we have to deal with the huge drag coming from europe. the brazilians have sort of screwed up with all the government intrusion there. we have to get back going again on global growth. but look what's going on in this country with the incredibly innovation of technology, huge opportunities in natural gas, which i think is people are talking about price, but a huge increase in volume. and the uses around the country. and how clean energy is. it's a very valuable, important thing. one of the things people don't understand out of this financial crisis is that our capital markets are the envy of the world. they're a huge strategic tool we have to fund equity capital and long-term debt capital in ways that many of the countries around the world don't have. >> all you're talking about is privatizing. both of you see the gove
economy. >> what about you, glenn. >> i don't disagree but in the tech business, we don't deal with unions. >> you pay market price. >> what i would say, i'm a huge bull huge bull on america. if we get this fiscal cliff behind us, we still have a host of issues to deal with. we have to deal with the huge drag coming from europe. the brazilians have sort of screwed up with all the government intrusion there. we have to get back going again on global growth. but look...
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Dec 19, 2012
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one good bit of news as we head towards the holiday next week, every state in the union now has gas below $4 a gallon on average. it's been a long time since we've seen that. back to you. >> that is something else. thank you so much, bertha. bertha coombs covering the complex for us. "time" magazine unveiling person of the year, and the winner is -- the newly reelected barack obama. we'll check in on some of the contenders for the title, how they reach their decision over at the book. the international editor for "time" magazine joins us from new york. good morning to you. >> good morning. >> you're the international editor because they just named morsi as a contender. why the president? >> well, we elected the president because we thought ultimately this election was even more consequential than 2008. the 2008 election was really about hope and change and the historical place of barack obama. this is actually a verification, and an ensconcement. he won this election very conclusively. demographics not only in his favor, but he successfully exploited them. he got people to vote who usuall
one good bit of news as we head towards the holiday next week, every state in the union now has gas below $4 a gallon on average. it's been a long time since we've seen that. back to you. >> that is something else. thank you so much, bertha. bertha coombs covering the complex for us. "time" magazine unveiling person of the year, and the winner is -- the newly reelected barack obama. we'll check in on some of the contenders for the title, how they reach their decision over at the...